FIRST TRUST ALT ABS RET ETF (FAAR) Technical Analysis
NASDAQ:FAAR • US33740Y1010
Current stock price
FAAR Technical Rating and Analysis
Taking everything into account, FAAR scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FAAR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, FAAR did better than 73% of all other stocks.
- FAAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FAAR is lagging the market slightly.
- In the last month FAAR has a been trading in a tight range between 33.00 and 34.19.
FAAR Weekly and Daily overview Charts
FAAR Setup Rating and Analysis
Besides having an excellent technical rating, FAAR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 33.45, a Stop Loss order could be placed below this zone.
More info and screens
FAAR Support and Resistance Analysis
27.15
4 important support areas can be observed.
- A support zone ranging from 33.11 to 33.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.64 from a trend line in the daily time frame.
- Strong support @30.07 from a horizontal line in the daily time frame.
- Support @27.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.63 to 34.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FAAR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAAR is up. |
| ChartMill Relative Strength | 73.71 | POSITIVE | FAAR has a high relative strength, it outperformed 73.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FAAR has a negative trend. |
| Stochastics (14,3) | 46.58 | NEUTRAL | The Stochastics value for FAAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for FAAR suggests a possible start of a new trend. |
FAAR Chart- and CandleStick Pattern Analysis
FAAR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.70 | 33.17 | 0.53 (1.57%) | 25.00% |
| An entry @33.70. This is a Buy Stop order right above the 10 day moving average. | An exit @33.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 1.57%. | For a 0.39% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FAAR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FAAR (4/17/2026, 8:09:08 PM)
33.4551
-0.28 (-0.83%)
FIRST TRUST ALT ABS RET ETF / FAAR TA FAQ
Can you provide the ChartMill technical rating for FIRST TRUST ALT ABS RET ETF?
ChartMill assigns a technical rating of 8 / 10 to FAAR.
Can you provide the trend direction for FIRST TRUST ALT ABS RET ETF?
The current trend direction for FIRST TRUST ALT ABS RET ETF (FAAR) is Bullish.
What is the RSI signal for FIRST TRUST ALT ABS RET ETF (FAAR) stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has an RSI value of 53.5862. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST ALT ABS RET ETF (FAAR) stock?
The short term momentum for FIRST TRUST ALT ABS RET ETF (FAAR) is positive.
What is the buy/sell signal for FIRST TRUST ALT ABS RET ETF (FAAR) stock?
The buy/sell signal for FIRST TRUST ALT ABS RET ETF (FAAR) is buy as both the short term and long term trends are positive.